2025 Q1 Form 10-Q Financial Statement

#000148909625000024 Filed on February 06, 2025

View on sec.gov

Income Statement

Concept 2025 Q1 2024 Q4
Revenue $134.4M
YoY Change -1.52%
Cost Of Revenue $72.23M
YoY Change -8.59%
Gross Profit $62.12M
YoY Change 8.21%
Gross Profit Margin 46.24%
Selling, General & Admin $34.12M
YoY Change 7.13%
% of Gross Profit 54.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.161M
YoY Change 0.42%
% of Gross Profit 3.48%
Operating Expenses $34.12M
YoY Change 7.13%
Operating Profit $27.69M
YoY Change 29.08%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$126.0K
YoY Change -119.3%
Pretax Income $25.03M
YoY Change 22.99%
Income Tax $6.486M
% Of Pretax Income 25.92%
Net Earnings $18.54M
YoY Change 17.06%
Net Earnings / Revenue 13.8%
Basic Earnings Per Share $0.55
Diluted Earnings Per Share $0.54
COMMON SHARES
Basic Shares Outstanding 33.69M shares 33.69M shares
Diluted Shares Outstanding 34.09M shares

Balance Sheet

Concept 2025 Q1 2024 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $38.74M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $92.31M
Prepaid Expenses
Receivables $114.6M
Other Receivables
Total Short-Term Assets $280.2M
YoY Change -9.52%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $263.5M
YoY Change -1.86%
Intangibles $118.1M
YoY Change -11.35%
Long-Term Investments
YoY Change
Other Assets $16.29M
YoY Change 61.48%
Total Long-Term Assets $483.2M
YoY Change -2.46%
TOTAL ASSETS
Total Short-Term Assets $280.2M
Total Long-Term Assets $483.2M
Total Assets $763.4M
YoY Change -5.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.70M
YoY Change 11.6%
Accrued Expenses $32.45M
YoY Change -19.66%
Deferred Revenue $20.57M
YoY Change 33.46%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $109.7M
YoY Change -21.51%
LONG-TERM LIABILITIES
Long-Term Debt $134.8M
YoY Change -17.8%
Other Long-Term Liabilities $10.13M
YoY Change 3.75%
Total Long-Term Liabilities $144.9M
YoY Change 1383.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.7M
Total Long-Term Liabilities $144.9M
Total Liabilities $274.7M
YoY Change -18.64%
SHAREHOLDERS EQUITY
Retained Earnings $325.3M
YoY Change 16.73%
Common Stock $245.2M
YoY Change 1.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $488.7M
YoY Change
Total Liabilities & Shareholders Equity $763.4M
YoY Change -5.18%

Cashflow Statement

Concept 2025 Q1 2024 Q4
OPERATING ACTIVITIES
Net Income $18.54M
YoY Change 17.06%
Depreciation, Depletion And Amortization $2.161M
YoY Change 0.42%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity Registrant Name
EntityRegistrantName
THERMON GROUP HOLDINGS, INC.
dei Entity Incorporation State Country Code
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DE
dei Entity Tax Identification Number
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dei Entity Address Address Line1
EntityAddressAddressLine1
7171 Southwest Parkway
dei Entity Address Address Line2
EntityAddressAddressLine2
Building 300
dei Entity Address Address Line3
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Suite 200
dei Entity Address City Or Town
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dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
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dei Local Phone Number
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690-0600
dei Security12b Title
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dei Trading Symbol
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<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div>Generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. While management has based its assumptions and estimates on the facts and circumstances existing at December 31, 2024, actual results could differ from those estimates and affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities and the corresponding revenues and expenses as of the date of the financial statements. The operating results for the three and nine months ended December 31, 2024, are not necessarily indicative of the results that may be achieved for the fiscal year ending March 31, 2025 ("fiscal 2025")
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us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div>Generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. While management has based its assumptions and estimates on the facts and circumstances existing at December 31, 2024, actual results could differ from those estimates and affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities and the corresponding revenues and expenses as of the date of the financial statements. The operating results for the three and nine months ended December 31, 2024, are not necessarily indicative of the results that may be achieved for the fiscal year ending March 31, 2025 ("fiscal 2025")
CY2024Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1836000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1800000 usd
CY2023Q4 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
158077000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
371006000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
416794000 usd
CY2023Q4 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
20120000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
36701000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
48714000 usd
CY2023Q4 us-gaap Gross Profit
GrossProfit
57410000 usd
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20348000 usd
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33709174 shares
CY2024Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
632000 usd
CY2024Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1470000 usd
CY2024Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2351000 usd
CY2024Q4 us-gaap Net Income Loss
NetIncomeLoss
18539000 usd
CY2024Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-19999000 usd
CY2024Q4 us-gaap Stockholders Equity Other
StockholdersEquityOther
-117000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
418988000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1238000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-1685000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
10938000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4457000 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-13000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
433949000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1450000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-30000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
14730000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7845000 usd
CY2023Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
-52000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
442306000 usd
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1444000 usd
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-165000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
15837000 usd
CY2023Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
8072000 usd
CY2023Q4 us-gaap Stockholders Equity Other
StockholdersEquityOther
69000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
467425000 usd
us-gaap Net Income Loss
NetIncomeLoss
36544000 usd
us-gaap Net Income Loss
NetIncomeLoss
41505000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16761000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
13075000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
369000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
236000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4046000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4132000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2277000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1817000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
937000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-836000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9703000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12305000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4494000 usd
CY2024Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8232000 usd
CY2024Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8232000 usd
CY2024Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8384000 usd
CY2024Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8384000 usd
CY2024Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
8085000 usd
CY2024Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
7574000 usd
CY2024Q4 thr Derivative Liability Carrying Value
DerivativeLiabilityCarryingValue
101000 usd
CY2024Q1 thr Derivative Liability Carrying Value
DerivativeLiabilityCarryingValue
23000 usd
CY2024Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8232000 usd
CY2024Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8384000 usd
CY2024Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
8085000 usd
CY2024Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
7574000 usd
CY2024Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
-122000 usd
CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
651000 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
415000 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
677000 usd
CY2024Q4 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-96000 usd
CY2023Q4 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
659000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
433000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
709000 usd
us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
MaximumRemainingMaturityOfForeignCurrencyDerivatives1
P30D
CY2024Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-154000 usd
CY2023Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
213000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-209000 usd
CY2024Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
8085000 usd
CY2024Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
7574000 usd
CY2024Q4 thr Derivative Liability Carrying Value
DerivativeLiabilityCarryingValue
101000 usd
CY2024Q1 thr Derivative Liability Carrying Value
DerivativeLiabilityCarryingValue
23000 usd
CY2024Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8232000 usd
CY2024Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
8384000 usd
CY2024Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
8085000 usd
CY2024Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
7574000 usd
CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
651000 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
415000 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
677000 usd
CY2023Q4 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
659000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
433000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
709000 usd
us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
MaximumRemainingMaturityOfForeignCurrencyDerivatives1
P30D
CY2023Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
213000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-209000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
102000 usd
CY2023Q4 thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
ForeignCurrencyTransactionGainLossNetOfImpactOfForeignCurrencyDerivativesOnEarnings
-8000 usd
thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
ForeignCurrencyTransactionGainLossNetOfImpactOfForeignCurrencyDerivativesOnEarnings
139000 usd
thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
ForeignCurrencyTransactionGainLossNetOfImpactOfForeignCurrencyDerivativesOnEarnings
-21000 usd
CY2023Q4 us-gaap Restructuring Costs
RestructuringCosts
1336000 usd
us-gaap Restructuring Costs
RestructuringCosts
2221000 usd
CY2024Q4 us-gaap Restructuring Costs
RestructuringCosts
-3029000 usd
CY2023Q4 us-gaap Restructuring Costs
RestructuringCosts
1336000 usd
us-gaap Restructuring Costs
RestructuringCosts
-306000 usd
us-gaap Restructuring Costs
RestructuringCosts
2221000 usd
CY2024Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18539000 usd
CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15837000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36544000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41505000 usd
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33709174 shares
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
102000 usd
CY2023Q4 thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
ForeignCurrencyTransactionGainLossNetOfImpactOfForeignCurrencyDerivativesOnEarnings
-8000 usd
thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
ForeignCurrencyTransactionGainLossNetOfImpactOfForeignCurrencyDerivativesOnEarnings
139000 usd
thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
ForeignCurrencyTransactionGainLossNetOfImpactOfForeignCurrencyDerivativesOnEarnings
-21000 usd
CY2023Q4 us-gaap Restructuring Costs
RestructuringCosts
1336000 usd
CY2023Q4 us-gaap Restructuring Costs
RestructuringCosts
1336000 usd
us-gaap Restructuring Costs
RestructuringCosts
-306000 usd
us-gaap Restructuring Costs
RestructuringCosts
2221000 usd
CY2024Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18539000 usd
CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15837000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36544000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41505000 usd
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33709174 shares
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33703845 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33753085 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33946201 shares
CY2024Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2024Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18539000 usd
CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15837000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36544000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41505000 usd
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33709174 shares
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33703845 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33753085 shares
CY2024Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34091732 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34201525 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34089732 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34324573 shares
CY2024Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2024Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1633 shares
CY2024Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
61696000 usd
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
58197000 usd
CY2024Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
11393000 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
5339000 usd
CY2024Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
22742000 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
26552000 usd
CY2024Q4 us-gaap Inventory Gross
InventoryGross
95831000 usd
CY2024Q1 us-gaap Inventory Gross
InventoryGross
90088000 usd
CY2024Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3519000 usd
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33703845 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33753085 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33946201 shares
CY2024Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2024Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18539000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36544000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41505000 usd
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33709174 shares
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33703845 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33753085 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33946201 shares
CY2024Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34091732 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34089732 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34324573 shares
CY2024Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2024Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1633 shares
CY2024Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
61696000 usd
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
58197000 usd
CY2024Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
11393000 usd
CY2024Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
22742000 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
26552000 usd
CY2024Q4 us-gaap Inventory Gross
InventoryGross
95831000 usd
CY2024Q1 us-gaap Inventory Gross
InventoryGross
90088000 usd
CY2024Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3519000 usd
CY2024Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3767000 usd
CY2024Q4 us-gaap Inventory Net
InventoryNet
92312000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
86321000 usd
CY2024Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3767000 usd
CY2024Q4 us-gaap Inventory Net
InventoryNet
92312000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
86321000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
270786000 usd
thr Goodwill Acquired During Period And Measurement Period Adjustment
GoodwillAcquiredDuringPeriodAndMeasurementPeriodAdjustment
-390000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-7627000 usd
CY2024Q4 us-gaap Goodwill
Goodwill
263549000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
270786000 usd
thr Goodwill Acquired During Period And Measurement Period Adjustment
GoodwillAcquiredDuringPeriodAndMeasurementPeriodAdjustment
-390000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-7627000 usd
CY2024Q4 us-gaap Goodwill
Goodwill
263549000 usd
CY2024Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
278092000 usd
CY2024Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
159969000 usd
CY2024Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
118123000 usd
CY2024Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
281748000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
154656000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
127092000 usd
CY2024Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
278092000 usd
CY2024Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
159969000 usd
CY2024Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
118123000 usd
CY2024Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
281748000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
154656000 usd
CY2024Q4 thr Employeerelated Liabilities Excluding Compensation Relatedto Acquisition Current
EmployeerelatedLiabilitiesExcludingCompensationRelatedtoAcquisitionCurrent
17439000 usd
CY2024Q4 thr Employeerelated Liabilities Acquisition Related Expense Current
EmployeerelatedLiabilitiesAcquisitionRelatedExpenseCurrent
737000 usd
CY2024Q1 thr Employeerelated Liabilities Acquisition Related Expense Current
EmployeerelatedLiabilitiesAcquisitionRelatedExpenseCurrent
494000 usd
CY2024Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2281000 usd
CY2024Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
978000 usd
CY2024Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3493000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Number Of Reportable Segments
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us-gaap Operating Income Loss
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024Q4 ecd Non Rule10b51 Arr Trmntd Flag
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CY2024Q4 ecd Rule10b51 Arr Trmntd Flag
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us-gaap Cost Of Goods And Services Sold
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us-gaap Gross Profit
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us-gaap Income Tax Expense Benefit
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us-gaap Comprehensive Income Net Of Tax
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CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q4 thr Foreign Currency Transaction Gain Loss Net Of Impact Of Foreign Currency Derivatives On Earnings
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dei Entity Central Index Key
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0001489096
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CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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CY2024Q1 thr Operating And Finance Lease Liability Noncurrent
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CY2024Q4 us-gaap Preferred Stock Shares Authorized
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CY2024Q4 us-gaap Preferred Stock Value
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CY2024Q1 us-gaap Treasury Stock Common Value
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CY2024Q4 us-gaap Liabilities And Stockholders Equity
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CY2024Q1 us-gaap Liabilities And Stockholders Equity
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dei Document Period End Date
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2024-12-31
CY2024Q1 us-gaap Preferred Stock Shares Issued
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0 shares
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488685000 usd
CY2024Q1 us-gaap Stockholders Equity
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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366975000 usd
us-gaap Cost Of Goods And Services Sold
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207798000 usd
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us-gaap Gross Profit
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us-gaap Selling General And Administrative Expense
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us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
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CY2024Q4 us-gaap Amortization Of Intangible Assets
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CY2023Q4 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2024Q4 us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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us-gaap Operating Income Loss
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CY2024Q4 us-gaap Interest Expense Nonoperating
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CY2023Q4 us-gaap Interest Expense Nonoperating
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us-gaap Interest Expense Nonoperating
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us-gaap Interest Expense Nonoperating
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us-gaap Income Tax Expense Benefit
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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4684000 usd
thr Other Comprehensive Income Loss Other Miscellaneous Income Loss Net Of Tax Portion Attributable To Parent
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CY2023Q4 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q1 us-gaap Stockholders Equity
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CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1065000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
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1579000 usd
CY2024Q2 us-gaap Net Income Loss
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CY2024Q2 us-gaap Stockholders Equity Other
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CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
475980000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1511000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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-18000 usd
CY2024Q3 us-gaap Treasury Stock Value Acquired Cost Method
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2260000 usd
CY2024Q3 us-gaap Net Income Loss
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9494000 usd
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5587000 usd
CY2024Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
7000 usd
CY2024Q4 us-gaap Stockholders Equity
StockholdersEquity
488685000 usd

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